Monthly DEX volumes shattered records in October, surpassing the previous all-time high of $439B (January 2025) with $454B settled onchain: a 25% ($90B) surge month-over-month.
@Uniswap led the way with $171B (+61% MoM) followed by @PancakeSwap ($102B, +28%), together capturing over 60% of all DEX volume. @MeteoraAG ($34B, +13%) and @AerodromeFi ($24B, 24%) rounded out the monthly leaders.
Meanwhile, DEX to CEX spot trading volume stands at 20%, double its share year-to-date.
Onchain liquidity and DeFi adoption are accelerating faster than ever.
h/t @DefiLlama

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